A shopkeper placed on display some shirts each with a marked price. He then posted a board $\frac{1}{4}$ off on shirts". If the cost of a shirt was $\frac{2}{3}$ of the price at which it was actually sold, the ratio of cost and marked price 01' shirt was

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INSURANCE EXAMS (UIIC) 2012 click here to view all questions

A shopkeper placed on display some shirts each with a marked price. He then posted a board $\frac{1}{4}$ off on shirts". If the cost of a shirt was $\frac{2}{3}$ of the price at which it was actually sold, the ratio of cost and marked price 01' shirt was

A1 : 2

B1 : 3

C2 : 3

D3 : 4

Nithin ? undefined

Correct answer is: 1 : 2

Explanation:

Let. S.P. of shirt = x

\(\text{C.P = }\frac{2x}{3}\)

Therefore, Marked price

\(= \frac{4}{3} \times x = \frac{4x}{3}\)

Therefore, Required ratio = \(\frac{2x}{3} : \frac{4x}{3} = 1 : 2\)

All DiscussionsClick here to write answer

Correct answer is: 1 : 2 Explanation: Let. S.P. of shirt = x \(\text{C.P = }\frac{2x}{3}\) Therefore, Marked price \(= \frac{4}{3} \times x = \frac{4x}{3}\) Therefore, Required ratio = \(\frac{2x}{3} : \frac{4x}{3} = 1 : 2\) Nithin ? answered undefined All Comments

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